Monthly child tax credit payments to begin July 15, officials say

Nearly 88% of U.S. children are set to receive the monthly benefits under the expanded child tax credit without their parents needing to take any additional action, administration officials said.

Tax Day is May 17: Last-minute tips and what to know about filing late

May 17 is the deadline to file 2020 tax returns. You can request an extension, but those who owe taxes to the federal government must still pay on May 17.

Protecting Seniors from Scams
video

Cathy Dewitt Dunn is the president & CEO of Dewitt & Dunn Financial Services. She discusses just how often seniors are scammed and you can assist them in their retirement.

McDonald’s raising US workers’ pay in 650 company-owned stores

McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June.

Amazon seeks to hire 75,000 workers; offers $100 to vaccinated hires

Amazon is seeking to hire 75,000 people in a tight job market and is offering bonuses to attract workers, including $100 for new hires who are already vaccinated for COVID-19.

Ohio to award $1M each to 5 adults who received at least 1 COVID-19 vaccine dose

Governor Mike DeWine announced five adults will be randomly selected to win one million dollars if they’ve received at least one dose of the COVID-19 vaccine.

Biden touts economic recovery plan as Treasury Dept. starts paying out $350B in state and local aid

President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.

Chamber of Commerce calls for end to enhanced jobless aid

The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.

Biden says economic recovery a marathon, not a sprint amid weak jobs report

U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.

‘Historically’ high lumber prices adding more than $35K on average to new home price tag

While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing prices for the material.

Unemployment claims fall to 553,000

The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.

US economy grew at a robust 6.4% rate last quarter

The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.

Dallas pastor testifies against unfair banking practices

Dallas mega-church Pastor Dr. Frederick Haynes testified Wednesday on a national level and denounced a measure he says favors predatory lenders.

Florida McDonald's offers $50 just to show up for job interview

A McDonald's location is so desperate for workers that it has offered people $50 just to show up for a job interview.

IRS sends another batch of $1,400 stimulus checks to 2M Americans

The IRS said Thursday that it has disbursed about 161 million payments, worth roughly $379 billion, in the span of about five weeks.

Texas Workforce Commission works to help identity theft victims

The Texas Workforce Commission is now working to get the word out about what people should do if their unemployment claim was flagged for fraud.